AfDB Grows Capital from $93 Billion to $318 Billion

The African Development Bank (AfDB) has achieved a historic capital growth of 241.9% over the last ten years. Its total capital rose from $93 billion in 2015 to $318 billion in 2025, making this the largest financial expansion in the bank’s history. This major milestone comes as the institution prepares for a leadership transition this week.

On Monday, AfDB President Dr. Akinwumi Adesina addressed journalists during a press briefing. He looked back on his decade-long leadership and highlighted key achievements. One of the biggest successes was the $8.9 billion raised to support the African Development Fund. He also pointed out that AfDB’s investments had helped improve the lives of more than 500 million people across Africa.

AfDB President Dr. Akinwumi Adesina

Adesina described his role as both intense and rewarding. He explained that leading the bank was more than just work—it was a mission that demanded full commitment. He shared how the responsibilities left him with no personal time, saying he had “no life” outside his duties. According to him, leading the AfDB required total focus every single day.

As he prepares to step down on September 1, 2025, five candidates from different African countries are competing to take over the position. The contenders are Swazi Tshabalala from South Africa, Hott Amadou from Senegal, Samuel Munzele Maimbo from Zambia, Sidi Tah Ould from Mauritania, and Abbas Mahamat Tolli from Chad.

AfDB Annual Meetings to Host 6,000 Delegates

Meanwhile, AfDB is getting ready to host its 2025 Annual Meetings from May 26 to May 30 in Abidjan, Côte d’Ivoire. This year’s event is expected to be the largest in the bank’s history, attracting around 6,000 participants from 91 countries. The gathering will bring together government leaders, business executives, scholars, development agencies, civil society groups, and journalists. Their goal is to discuss Africa’s economic future and explore new strategies for sustainable development.

In his closing remarks, Adesina assured stakeholders that AfDB’s mission remains firm despite the upcoming leadership change. He emphasized that while leadership may shift, the bank’s direction and dedication to Africa’s progress will stay strong and focused.